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Here are the essential leadership skills for entrepreneurs

Here are the essential leadership skills for entrepreneurs

Here are the essential leadership skills for entrepreneurs
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By Suman Singh  Mar 18, 2019 1:01:17 PM IST (Updated)

While many take these leadership skills for granted or never develop them fully, there are few in the lot who are natural-born leaders. And while every entrepreneur out there has his or her own leadership style, here are some tips to enhance it further:

It may take years to build a business, and what helps the process is the leadership skills in order to manage the organisation and people, and to make the business successful. While many take these leadership skills for granted or never develop them fully, there are few in the lot who are natural leaders. And while every entrepreneur out there has his or her own leadership style, here are some tips to enhance it further.

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“Knowing themselves with clarity leads them to the right deals and business ventures. If they do not have acute self-awareness, they will come up against the counterforce of out-of-control emotions, leading to their downfall,” Sherrie Campbell, psychologist and author writes on Entrepreneur.com.
Becoming self-aware would mean a leader to cultivate a few characteristics such as mastering emotions, taking risks, and being patient and cultivating wisdom.
Passion and innovative business ideas are key characteristics of an entrepreneur. They need to develop a strategic vision for their business as well as their organisation, as to where they want to see their company be in the future.
“It’s about adopting a broader view of the organization, having a unique mission and constantly creating value to propel the business forward. Most importantly, it’s being able to connect short-term goals to the bigger picture for yourself, your employees, investors and customers so that they’ll buy into your vision,” the article read.
A ‘know-it-all’ attitude is neither going to help the organisation nor the leader. Being receptive to learning new information and skills and to make them stronger, empowering others in the process helps the organisation to grow. A lot of entrepreneurs find it difficult to let go of some responsibilities after all the business is like their child. However, giving employees more autonomy at work energizes and empowers them and helps in motivation and productivity increases. This also includes hiring the top talent out there in the market and willing to accept a different idea other than their own.
As they say, ‘First impression last long,’ dressing for work should be taken seriously. “That means making sure your appearance is consistent with your personal and professional brand. Begin by asking yourself how a leader with your aspirations should appear to others. And don't limit appearance to just yourself. Apply it to your company” explained Mark Sanborn, president of Sanborn & Associates Inc.
Take up constructive criticism as they come. As you go to your potential customer to find out whether or not they like your product. Similarly, ask your team as to how and where the business can be improved. After all, they are your workforce and run the business for you.
"Finally, becoming a strong entrepreneurial leader is not hesitating in seeking advice from other successful people. You could work with a business coach, find a mentor, or read articles or books. By following the advice, inspiration, mistakes, and success stories from those who have been and done are one of the most effective ways in sharpening your own leadership skills," the article concluded.
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